The Strike is OVAH!

THANK THE GOOD LORD!

Staggered by the cancellation of the Golden Globes and fearful that the same fate could befall next months Oscars, Hollywood producers have agreed to give striking writers a piece of the profit that their work might make over the Internet, thus ending a the strike that has played havoc with the Los Angeles economy and left television awash in reruns and reality shows for more than three months. "We have reached a historic agreement that covers new media for writers and guarantees our share in the future," Writers' Guild of America, West President Patric M. Verrone said in a press conference Sunday afternoon at the Writers Guild headquarters in Los Angeles. "This morning, based on the unanimous recommendation of the WGA negotiating committee, the WGA has called for a contract ratification vote by the membership." Although the writers won't be able to ratify the contract for several weeks, the membership will hold a vote Tuesday to end the strike, meaning that the earliest that Jon Stewart and the other Oscar writers will be able to write jokes for the Feb. 24 Oscar telecast is late Tuesday night or Wednesday morning. [people]